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Musk says German election could ‘decide fate of the world’ at AfD event

Credit: Alice Weidel | X

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Elon Musk spoke at a campaign event for Germany’s controversial Alternative für Deutschland, or Alternative for Germany (AfD), party over the weekend, ahead of an upcoming election in the country next month.

On Saturday, AfD candidate Alice Weidel posted a video broadcast of the event on X, which included a roughly-ten-minute speech from Musk, following his appointment last week as an advisor for newly-inaugurated U.S. President Donald Trump. The AfD, which advocates for German nationalism, halting immigration into the country, preserving German culture and other related topics, has drawn concern and been called a far-right populist party by some critics.

The appearance comes ahead of a German election being held on February 23, which Musk says could “decide the entire fate of Europe, maybe the fate of the world.” During the speech, he also spoke about preserving German culture and the removal of bureaucracy from Brussels, along with being affirmed by Weidel and the audience about the recent election of Trump, who has advocated for similar deregulatory and anti-immigration policies.

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You can see the full broadcast from Alice Weidel on X below with Musk’s speech starting around two and a half hours in, or you can read the full transcript below that.

Musk: Can you hear me? Okay, yes, unfortunately, I can’t hear you very well.

Wow, hello, everyone. I hope you can hear me well, the audio I’m hearing from my side is… I can’t hear you. So hopefully this, this is coming through. Please, please confirm that this you can hear me. Okay. I don’t know, raise your hand or something. Okay. All good. Okay, great.

Well, first of all, I wanted to really say that I’m very excited for the AfD and I think, I think you’re really the best hope for Germany. I think some things that… something I think that is just very important is that people take pride in Germany, and being German, this is very important. It’s, you know, it’s okay to be proud to be German. This is a very important principle.

It’s good to be proud of German culture, German values, and not to lose that in some sort of multiculturalism that dilutes everything. I think we want to have unique cultures in the world. We want to have people that have… we don’t want everything to be the same everywhere, where it’s just one big sort of soup, you know, we want to have something where it’s… you go to different countries and you experience a different culture, and it is unique and special and good and that the German government takes actions to protect its citizens, and make sure that it seeks the health and well-being of the German people.

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The German people are sort of, really an ancient nation. It goes back thousands of years. Read Julius Caesar’s account of, like, first encountering the German tribes in the Gallic campaigns. And he was like, “Very impressive. These are very, very powerful warriors.”

I think there’s, like, frankly, too much of a focus on past guilt, and we need to move beyond that. Children should not be guilty of the sins of their parents or even, let alone their parents, their great grandparents, maybe even. And we should be optimistic and excited about a future for Germany.

That’s really what it is, to be excited, to be optimistic about the future, to preserve German culture and protect the German people. And you know, there are some other things that I think would be very helpful too, which is that, I think you want more self-determination for Germany and for the countries in Europe, and less from Brussels.

That’s my opinion. I think there’s too much bureaucracy from Brussels, too much control from sort of global elite. And you know, when I’ve given talks at these sort of global government conferences, what I’ve said is there should be “less global government, there should be more determination by individual countries.”

And so I very much hope that the AfD does well, and that Alice Weidel does become a chancellor. I think that would be very good for Germany, and I think it’s very important. I hope the German people unite and strongly support AfD.

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You’re doing the right thing, is what I’m saying.

Let’s go guys, let’s go! Fight for a great future for Germany! Fight for a great future for Germany! Go go go, convince your friends, convince everyone, let’s go!

Get excited about the future, and if you want to make the future great, if you want the future to be great, you need to make it great, and fight for the future to be great. That’s how it becomes great.

Weidel: Let me try one thing, and I hope you can hear me. No, you can’t?

Musk:  No, I think I can hear you now.

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Weidel: Okay, yes, good. Entire audience, we wish you, President Donald Trump, Vice President JD Vance, all the best to make America great again. You’re the best. God’s blessing.

Musk: Exactly. I mean, I think we should fight for an exciting, bright future where people can be optimistic about what’s going to happen, where you wake up and you look forward to the future. And the best way to… ensure the future is good, you have to fight for a good future every day, and it will be great, and we’ll have a very exciting, wonderful future so…

I think this election coming up in Germany is incredibly important. I think it could decide the entire fate of Europe, maybe the fate of the world. That is the significance of this election. So that’s why it’s very important to talk to your friends and family and convince them to consider voting for AfD and then, and just go with it like a chain reaction, convince one friend, talk to another friend, and say “Hey guys, do you want more of the last ten years, or do you want something different?”

And I think the people in Germany want something different, and if you want something different, you have to vote for a different party. This is just a fact. This is logic.

So you are the future of Germany. Make it happen, but I can’t emphasize enough: go out there, talk to people, convince people, one vote at a time, there’s a need for change. It’s got to be done. And this election is so important, it’s extremely important. I do not say it lightly when I think the future of civilization could hang on this election.

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So when something is so important, it’s you really need to say, “Okay, you’re going to go all out to convince people to vote for AfD.”

And you certainly… obviously you have my full support. I think the Trump administration is also supportive. So, you know, I think the policies that I’ve heard from AFD, they make a lot of sense.

They’re really just, it’s, you know… to me, when I look at the policies, they’re sort of, they’re common sense policies, and just like President Trump has common sense policies, getting things done, you know, getting the government out of people’s way so that you can get, you know, you can get things done, and giving people back personal freedom and protecting the people from dangers.

These are fundamental things that, frankly, the current government is not doing. Current government is suppressing speech very aggressively and really, when you suppress freedom of speech, it’s not it’s very difficult, if not impossible, to have a true democracy, because freedom of speech is the foundation of democracy.

People cannot be expected to vote in an informed manner if they are not able to know the truth. So, this is why it’s so important to have to have freedom of speech, so people can make an informed vote, and it can be a true democracy. But this is not what the current government has been doing. They have been suppressing freedom of speech and putting people in jail for even mild criticisms of politicians or social media posts. This is crazy. This is, this is, this is, frankly, a totalitarian approach. It is not a democratic approach.

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So there needs to be… to restore freedom to the people of Germany and have freedom of speech and have less government oppression in general. So anyway, I think this is I can’t emphasize enough, go do everything you can, full blast. Put every effort you can into this election, this… the fate of the world, I think, rests upon this election in Germany. It’s extremely fundamental.

Everything you can, please go all out.

Weidel: Thank you, great. All the best for you, blessings.

Musk: Alright, and unfortunately, Alice, I can’t hear you. I wish I could hear you, but I can see the enthusiasm of the crowd. And… danke schoen. And, you know, go, go, go, fight, fight, fight.

Elon Musk’s past meetings with other world leaders and Donald Trump’s re-election

The speech follows Musk’s appearance at Trump’s inauguration earlier this week, during which the Tesla CEO performed what many said appeared to be a Nazi salute, which he later defended as a gesture meant to highlight his statement that his “heart goes out to all of you” after thanking the audience for helping to make Trump’s victory happen.

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After the inauguration, Musk downplayed the gesture in a flurry of posts, including one on X, noting that he had apparently been called both a Zionist and a Nazi. In others, he reiterated his disdain for legacy media, adding that it would be “another nail in the coffin.”

“It was astonishing how insanely hard legacy media tried to cancel me for saying ‘my heart goes out to you’ and moving my hand from my heart to the audience,” Musk wrote in an additional post on X on Friday. “In the end, this deception will just be another nail in the coffin of legacy media.”

He also gained support this week from Israel Prime Minister Benjamin Netanyahu, who said the Tesla and SpaceX head was “being falsely smeared.”

“Elon is a great friend of Israel,” Netanyahu wrote on X following the event. “He visited Israel after the October 7 massacre in which Hamas terrorists committed the worst atrocity against the Jewish people since the Holocaust. He has since repeatedly and forcefully supported Israel’s right to defend itself against genocidal terrorists and regimes who seek to annihilate the one and only Jewish state. I thank him for this.”

Musk has also met with several world leaders over the past few years, even before his official endorsement of Trump last July. He has previously held meetings with Netanyahu and several others, including Italian Prime Minister Giorgia Meloni, Argentina President Javier Milei, El Salvador President Nayib Bukele, Hungary President Katalin Novák, Turkey President Recep Tayyip Erdoğan, President of Namibia Dr. Nangolo Mbumba, Thailand Prime Minister Srettha Thavisin, and several officials in China, among many others still.

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Many of these conversations have included similar concerns about immigration, population collapse and the need for people to have more children, the civilizational risks of AI and ambitions to make humans multiplanetary by landing on Mars, among many other adjacent topics.

During campaign events leading up to the November election, Musk used similar language to his January speech for the AfD, noting that “President Trump must win to preserve the Constitution” and “democracy,” and saying that it would “be the last election” if voters didn’t encourage others to register to vote.

What are your thoughts? Let me know at zach@teslarati.com, find me on X at @zacharyvisconti, or send us tips at tips@teslarati.com.

Elon Musk talks AI, birth rates and more at Italian conference

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Zach is a renewable energy reporter who has been covering electric vehicles since 2020. He grew up in Fremont, California, and he currently lives in Colorado. His work has appeared in the Chicago Tribune, KRON4 San Francisco, FOX31 Denver, InsideEVs, CleanTechnica, and many other publications. When he isn't covering Tesla or other EV companies, you can find him writing and performing music, drinking a good cup of coffee, or hanging out with his cats, Banks and Freddie. Reach out at zach@teslarati.com, find him on X at @zacharyvisconti, or send us tips at tips@teslarati.com.

Elon Musk

Tesla investors are ditching Charles Schwab after its vote against Musk comp plan

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tesla cybertruck elon musk
Tesla CEO Elon Musk unveils futuristic Cybertruck in Los Angeles, Nov. 21, 2019 (Photo: Teslarati)

Tesla investors are ditching Charles Schwab as their brokerage after the firm said earlier this week that it would vote against CEO Elon Musk’s new compensation package.

Several high-profile Tesla influencers are speaking out against Charles Schwab, saying its decision to vote against the plan that would retain Musk as CEO and give him potentially more voting power if he can achieve the tranches set by the company’s Board of Directors.

The Tesla community recognized that Schwab is one firm that tends to vote against Musk’s compensation plans, as they also voted against the CEO’s 2018 pay package, which was passed by shareholders but then denied by a Delaware Chancery Court.

Schwab’s move was recognized by investors within the Tesla community and now they are speaking out about it:

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At least six of Charles Schwab’s ETFs have voted against Tesla’s Board recommendation to support the compensation plan for Musk. The six ETFs represent around 7 million Tesla $TSLA shares.

Jason DeBolt, an all-in Tesla shareholder, summarized the firm’s decision really well:

As a custodian of ETF shares, your fiduciary duty is to vote in shareholders’ best interests. For a board that has delivered extraordinary returns, voting against their recommendations doesn’t align with retail investors, Tesla employees, or the leadership we invested to support. If Schwab’s proxy voting policies don’t reflect shareholder interests, my followers and I will move our collective tens of millions in $TSLA shares (or possibly hundreds of millions) to a broker that does, via account transfer as soon as this week.”

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Tesla shareholders will vote on Musk’s pay package on Thursday at the Annual Shareholders Meeting in Austin, Texas.

It seems more likely than not that it will pass, but investors have made it clear they want a decisive victory, as it could clear the path for any issues with shareholder lawsuits in the future, as it did with Musk’s past pay package.

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Norway’s $2 trillion sovereign wealth fund votes against Elon Musk’s 2025 performance award

The fund is managed by Norges Bank Investment Management (NBIM), and it holds a 1.14% stake in Tesla valued at about $11.6 billion.

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MINISTÉRIO DAS COMUNICAÇÕES, CC BY 2.0 , via Wikimedia Commons

Norway’s $2 trillion sovereign wealth fund has voted against Elon Musk’s 2025 performance award, which will be ultimately decided at Tesla’s upcoming annual shareholder meeting. 

The fund is managed by Norges Bank Investment Management (NBIM), and it holds a 1.14% stake in Tesla valued at about $11.6 billion.

NBIM’s opposition

NBIM confirmed it had already cast its vote against Musk’s pay package, citing concerns over its total size, dilution, and lack of mitigation of key person risk, as noted in a CNBC report. The fund acknowledged Musk’s leadership of the EV maker, and it stated that it will continue to seek dialogue with Tesla about its concerns. 

“While we appreciate the significant value created under Mr. Musk’s visionary role, we are concerned about the total size of the award, dilution, and lack of mitigation of key person risk- consistent with our views on executive compensation. We will continue to seek constructive dialogue with Tesla on this and other topics,” NBIM noted.

The upcoming Tesla annual shareholder meeting will decide whether Musk should receive his proposed 2025 performance award, which would grant him large stock options over the next decade if Tesla hits several ambitious milestones, such as a market cap of $8.5 trillion. The 2025 performance award will also increase Musk’s stake in Tesla to 25%.

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Elon Musk and NBIM

Elon Musk’s proposed 2025 CEO performance award has proven polarizing, with large investors split on whether the executive should be given a pay package that, if fully completed, would make him a trillionaire. 

Institutional Shareholder Services and Glass Lewis have recommended that shareholders vote against the deal, and initiatives such as the “Take Back Tesla” campaign have rallied investors to oppose the proposed performance award. On the other hand, other large investors such as ARK Invest and the State Board of Administration of Florida (SBA) have urged shareholders to approve the compensation plan. 

Interestingly enough, this is not the first time that Musk and NBIM have found themselves on opposing sides. Last year, NBIM voted against reinstating Musk’s 2018 performance award, which had already been fully accomplished but was rescinded by a Delaware judge.

Later reports shared text messages between Musk and NBIM Chief Executive Nicolai Tangen, who was inviting the CEO to a dinner in Oslo. Musk declined the invitation, writing, “When I ask you for a favor, which I very rarely do, and you decline, then you should not ask me for one until you’ve done something to make amends. Friends are as friends do.”

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Tesla begins production of new Model Y trim at Giga Berlin

Tesla announced on Monday that its Model Y Standard configuration was officially being built at Giga Berlin, less than one month after the company officially announced the configuration early last month.

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Credit: Tesla

Tesla has begun production of the new Model Y trim at Gigafactory Berlin, the company’s production plant in Germany.

Tesla announced on Monday that its Model Y Standard configuration was officially being built at Giga Berlin, less than one month after the company officially announced the configuration early last month.

On October 7, Tesla announced the launch of the Model 3 and Model Y Standard trim levels, its answer to the call for affordable EVs within its lineup and its response to the loss of the $7,500 electric vehicle tax credit.

On October 3, Tesla started production of the vehicles in Germany:

The Standard iteration of the Model Y is void of many of the more premium features that are available in the Rear-Wheel-Drive, All-Wheel-Drive, and Performance trims of the vehicle are equipped with.

A few of the features of the Model Y Standard are:

  • Single Motor configuration
  • No rear touchscreen
  • Textile seats with vegan leather, instead of all vegan leather
  • 320-mile range
  • No glass roof

The launch of the Model Y Standard was truly a move to help Tesla get vehicles into the sub-$40,000 price point, and although many consumers were hoping to see the company get closer to $30,000 with these cars, this is a great starting point.

Deliveries in the United States have already started, and it seems it will be a vehicle that will do one of two things: either push some consumers to finally make the jump to Tesla, or it will give car buyers another reason to buy the Premium trims, as they may feel the lack of features is not a good enough deal.

This is something we saw with the Cybertruck’s Rear-Wheel-Drive configuration, which launched last year and ended up being more of the latter option listed above.

The Tesla Model Y Standard is actually a great deal in Europe

It was only a $10,000 discount from the All-Wheel-Drive Cybertruck, but it also did not have adaptive air suspension, premium interiors, or the powered tonneau cover, which many people felt was too much of a sacrifice.

The Rear-Wheel-Drive Cybertruck was discontinued only a few months later.

It does not seem as if this is the case with the Model Y Standard, which already seems to be an attractive option to some buyers.

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